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  3. Virtuals Protocol [VIRTUAL] Sees Significant Weekly Surge Amid Market Fluctuations

Virtuals Protocol [VIRTUAL] Sees Significant Weekly Surge Amid Market Fluctuations

Virtuals Protocol [VIRTUAL] surged 90% last week, showing growing market optimism despite a minor pullback.

Virtuals Protocol [VIRTUAL] Sees Significant Weekly Surge Amid Market Fluctuations
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VIRTUAL Token Rises Strongly Despite Spot Market Slowdown

Virtuals Protocol (VIRTUAL) has made a remarkable recovery, with the token climbing approximately 90% over the past week. At the time of reporting, the asset experienced a slight pullback of 8%, trading near $1.40.

Growing Optimism Around Virtuals Protocol

According to AMBCrypto, the recent surge reflects increasing confidence in Virtuals Protocol. Large-scale traders, or “whales,” appear to be influential in both Spot and Futures markets, potentially driving this upward movement.

The publication noted that “AMBCrypto’s recent analysis of the token’s Average Order Size metric reveals a significant increase in large trades, indicating growing interest from high-volume traders.” This activity could signal early accumulation phases that may support more sustained rallies in the future.

Buyer Dominance and Spot Market Trends

Virtuals Protocol [VIRTUAL] Sees Significant Weekly Surge Amid Market Fluctuations

Despite strong buying interest, not all market indicators are aligned. AMBCrypto highlighted a “tug-of-war” between buyers’ aggression and the cooling trend on Spot exchanges, which often precedes consolidation or short-term pullbacks.

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The report also pointed out that “Future market activity always precedes Spot market activity (which is always under the holder’s control).” This suggests that the current slowdown in Spot volume may eventually catch up to the heightened activity in Futures markets.

Technical Indicators Show Bullish Signals

Virtuals Protocol [VIRTUAL] Sees Significant Weekly Surge Amid Market Fluctuations

On a technical level, VIRTUAL appears to lean bullish. After consolidating for nearly four months, the token’s price structure has shifted favorably.

AMBCrypto observed, “On the 10th of October, many investors expected a price drop after the altcoin fell below its pennant triangle pattern. However, over the past week, the token has rebounded strongly, surging in price and successfully breaking through the key $1.4191 resistance level.”

Virtuals Protocol [VIRTUAL] Sees Significant Weekly Surge Amid Market Fluctuations

Even with slower activity on Spot exchanges, the price range between $1.0177 and $1.2030 may serve as a strategic zone for long-term holders to watch during potential corrections.

Market Sentiment Remains Cautiously Bullish

Current sentiment around VIRTUAL is cautiously optimistic. Sustained buying interest and renewed network engagement could reinforce the ongoing rally. The coming trading sessions will likely reveal whether the recent surge develops into a broader upward trend or stabilizes as the market adjusts.

Virtuals Protocol [VIRTUAL] Sees Significant Weekly Surge Amid Market Fluctuations

Virtuals Protocol [VIRTUAL] Sees Significant Weekly Surge Amid Market Fluctuations
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